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A lithium-ion or Li-ion battery is a type of rechargeable battery that uses the reversible intercalation of Li + ions into electronically conducting solids to store energy. In comparison with other commercial rechargeable batteries, Li-ion batteries are characterized by higher specific energy, higher energy density, higher energy efficiency, a longer cycle life, and a longer calendar life.
Under certain conditions, some battery chemistries are at risk of thermal runaway, leading to cell rupture or combustion.As thermal runaway is determined not only by cell chemistry but also cell size, cell design and charge, only the worst-case values are reflected here.
The prices of lithium-ion batteries have declined dramatically over the past decade, contributing to a reduction in price for electric vehicles, but an increase in the price of critical minerals such as lithium from 2021 to the end of 2022 has put pressure on historical battery price decreases.
However, prices in China, the largest refiner and consumer of lithium, are public. Those plummeted from an all-time high beyond $80,000 per metric ton in 2022 to below $14,000 this month ...
Prices of lithium-ion batteries have fallen over time. Overall, between 1991 and 2018, prices for all types of lithium-ion cells (in dollars per kWh) fell approximately 97%. [79] Over the same time period, energy density more than tripled. [79] Efforts to increase energy density contributed significantly to cost reduction. [83]
Lithium-ion battery Curve of price and capacity of lithium-ion batteries over time; the price of these batteries declined by 97% in three decades. Lithium is the alkali metal with lowest density and with the greatest electrochemical potential and energy-to-weight ratio.
The specific energy of LFP batteries is lower than that of other common lithium-ion battery types such as nickel manganese cobalt (NMC) and nickel cobalt aluminum (NCA). As of 2024, the specific energy of CATL's LFP battery is currently 205 watt-hours per kilogram (Wh/kg) on the cell level. [13] BYD's LFP battery specific energy is 150 Wh/kg ...
A solid-state silicon battery or silicon-anode all-solid-state battery is a type of rechargeable lithium-ion battery consisting of a solid electrolyte, solid cathode, and silicon-based solid anode. [1] [2] In solid-state silicon batteries, lithium ions travel through a solid electrolyte from a positive cathode to a negative silicon anode. While ...